Nineteen homes featured on 2017 Parade
The smallest and largest offerings on this year’s Parade of Homes — one on Canyon Road at 1,253 square feet and the other on E. San Mateo Road at 6,410 square feet— are both remodels. You can see them, and the other 17 houses featured on the 2017 tour, each Friday, Saturday, and Sunday beginning on Aug. 11 and through Aug. 20.
Of the 19 homes featured by builders this year, 11 are on Santa Fe’s north side, including six in Las Campanas. “Las Campanas Realty paid the entry fees, over $10,000, for three of those; that’s over $10,000. That blew us away,” said Kim Shanahan, executive director of the sponsoring organization, the Santa Fe Area Home Builders Association. The other homes are in the Camino Encantado-Los Cerros Colorados area, on Canyon Road, and in the South Capitol district. There are no Parade homes this year south of the city limits.
The average house on the Parade is 3,170 square feet. Only seven of this year’s featured houses have prices; they range from $438,900 to $2.2 million.
Pulte Homes of Atlanta, which is already halfway through its plans to construct 300 houses at the southside Las Soleras property, is now also building in Las Campanas “Pulte could have put three homes in the Parade, because they literally have three subdivisions: two in Las Soleras, even though they look like one, and then now in Las Campanas. The largest publicly traded builder in America gives custom-home builders a run for their money in Las Campanas!” Shanahan proclaimed. “They bought 49 lots out there. I interviewed [Pulte sales representative] Joe Ortiz and he said they have a lot of presales. You think they’d all be empty-nesters migrating out here, but Joe said they’re getting a lot of interest from existing Las Campanas homeowners who are wanting to downsize from their 8,000-square-foot trophy homes. This one in the Parade of Homes is 3,640 heated square feet, but they start at 2,500.”
Shanahan was surprised that there are only 19 Haciendas homes this year when there were 25 in 2016. “What’s more surprising is that there are only 11 builders, when we had 19 participating last year. It’s a little distressing.”
It is always a challenge for the contractor to complete a new house, including at least a smattering of inviting landscaping, and have it ready for touring by mid-August. Plus the builder pays a hefty entry fee for the privilege of showing a new house to hundreds of people in two weeks (and possibly either selling it or lining up a contract to build another). And the return of the spec house after the financial crash has been slow, most banks still hesitant to finance construction. “We’re still not seeing the builder-financed spec homes that we’d like to see,” Shanahan said. “It’s all about timing: Do you have a client that’s willing to do it? Is the project going to be done in a length of time that works for the client and everybody else?”
Several of the builders are expressing their firm belief in the value of the Haciendas— A Parade of Homes event by fielding multiple entries. Zachary & Sons Homes and Prull Custom Builders have three homes each on the Parade. And Tierra Concepts, Woods Design Builders, Arete Homes, and Borrego (actually, one by Borrego Custom Homes and one by Borrego Construction) all have two each on the tour.
Three of the entries are remodels: one byWoods on Camino Encantado and one each by a couple of Parade first-timers: Scott Cherry of Lightfoot Inc. has a small but beautiful remodel on Canyon Road and the team of contractor Eric Harris and designer Cara Scarola have the big one, 6,410 heated square feet and 8,899 square feet overall, on East San Mateo Road.
The self-guided tour is open from 11 a.m. to 6 p.m. on the six event days, plus a dozen of the houses will stay open later, until 9 p.m., for the Twilight Tour on Friday, Aug. 18. Tickets are $15 and can be purchased at any of the tour homes or at eventbrite.com. Call 982-1774 for more information.— PaulWeideman
Two of this year’s show houses: 134 Lovato Lane by Prull Custom Builders (above) and 1208 1/2 Canyon Road by Lightfoot, Inc.